Decrease your Auto Loan
If you can’t afford to pay your vehicle payments even after writing off your other debts under Chapter 7, consider decreasing your auto loan through a Chapter 13 cramdown.
Reaffirmation Agreement vs. Chapter 13
When is it better to reaffirm a secured debt (such as a vehicle loan) in a Chapter 7 case vs. handling it instead in a Chapter 13 case?
Reaffirming a Debt That’s Not Current
You usually have to get current on a secured debt before you can reaffirm it. But the terms of a reaffirmation agreement may be negotiable.
Reducing the Cost of Your Vehicle Loan through Cramdown
Chapter 13 vehicle loan cramdown solves a number of serious practical problems that even Chapter 7 "straight bankruptcy" can't.
Secured Creditors’ Proofs of Claim in Chapter 13
If you want secured creditors to be paid in your Chapter 13 plan, they must file proofs of claim. Let's use the example of a vehicle loan.
Lowering Your Vehicle Loan Payments through Chapter 13 Bankruptcy
"Cramdown" of your vehicle loan can solve the problems of a reaffirmation agreement by lowering payments and protecting you much better.
Mistakes to Avoid–Surrendering Your Vehicle or Getting it Repossessed
Bankruptcy can save your truck or vehicle various ways. Enable you to pay for it by wiping out other debts. Or even by paying less for it.
Making Sense of Bankruptcy: The Vehicle Loan “Cramdown”
Chapter 13 may allow you to significantly reduce your monthly vehicle payment and to pay off the debt for thousands of dollars less.
New Year Resolution #14: Pay As Much of Your Debts As You Can, Under Your Own Terms, and Then Owe No More
Chapter 13 is a tremendously flexible way to pay as much as your budget allows, over a reasonable time, and then write off the rest.
Thanksgiving Week: Giving Thanks for Special Chapter 13 Tools
Chapter 13 protects you from collection of back child/spousal support and income taxes, & can save you a ton of money on your vehicle loan.
Crucial Question: Can Bankruptcy Allow You to Keep Your Vehicle Even If Behind on Payments?
Bankruptcy can make it possible to keep your vehicle. You have two ways, depending on how much help you need.
The Extraordinary Tools of Bankruptcy: Getting Back Your Just-Repossessed Vehicle
Whether you can get your vehicle back depends on how long ago it was repossessed and whether you file under Chapter 7 or Chapter 13.
Your Vehicle in Chapter 7 and Chapter 13
Bankruptcy can protect your car or truck. Both Chapter 7 and 13 can, but which do you need?
The Kinds of Debts Better Handled through Chapter 13
Simplistic but often true: Chapter 7 deals better with simpler debts, while Chapter 13 with more complicated debts. What ARE more complicated debts?
Advantages of Chapter 13 After Stopping Repossession of Your Car or Truck
Straight Chapter 7 bankruptcy gives very limited help if you're behind on your vehicle and need to keep it. And Chapter 13? Provides much more help.
